The company, which had filed to offer 55 million shares at a range of $40 to $44 each in the IPO, did not provide additional details. The IPO would have valued Oura at up to $15 billion at the midpoint of that range. 'Our mission is to empower people to live healthier, longer, and an IPO is just one step in our journey. We aim to deliver an extraordinary IPO for our employees and investors and we have the luxury of choosing our moment. In the meantime, we will execute against the opportunities ahead,' the company's CEO, Tom Hale, said in a statement. Indeed, Oura seems to be doing well. The company said that its latest product, the Oura Ring 5, has been received well in the market, and it now has 5.7 million paying members, up from 5 million at the end of June. The company expects overall revenue to increase 90% in its 2026 financial year compared to a year earlier, when it had revenue of $907.9 million. Forerunner Ventures, an early investor in Oura, was slated to sell all of its...
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